Ethereum price (ETHUSD) is testing the key resistance that rises now to 3130.00$, and the price needs to hold below it to keep the negative scenario active, as breaching it will push the price to build new bullish wave that its first target located at 3262.00$, while the price needs to break 3042.50$ to confirm rallying towards the next negative target of the expected bearish wave at 2825.00$.
The expected trading range for today is between 2980.00$ support and 3200.00$ resistance.
Trend forecast: Bearish
Bitcoin price (BTCUSD) shows new positive trades to reach 92000.00$ barrier now, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to achieve our next main target at 94000.00$, reminding you that the continuation of the bullish wave depends on the price stability above 87025.00$.
The expected trading range for today is between 89000.00$ support and 93000.00$ resistance.
Trend forecast: Bullish
Brent oil price trades negatively now, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming sessions, organized inside the bearish channel that appear on the chart, and we believe that the way is open to test 70.65$ that represents our first target, which breaking it represents the key to rally towards 67.11$ direct.
On the other hand, we should note that breaching 72.06$ followed by 72.36$ levels will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 69.60$ support and 72.60$ resistance.
Trend forecast: Bearish
Crude oil price shows bearish bias now in attempt to resume the expected bearish trend for today, waiting to visit 65.50$ that represents our next main target.
Therefore, the bearish trend scenario will remain valid and active, organized inside the bearish channel that appears on the chart, reminding you that the continuation of the bearish wave depends on the price stability below 68.64$.
The expected trading range for today is between 65.60$ support and 68.60$ resistance
Trend forecast: Bearish